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Caitlyn Jenner is introducing a token inspired by her Olympic gold medal on the Ethereum layer-2 Base.
As per a social media announcement from Jenner, the token will be accessible starting August 8, with no initial price set, and its value will be determined by the market. The MEDAL token signifies a fractional ownership of her Olympic medal’s worth and will connect with current JENNER coin holders.
First Olympic Gold Medal NFT
While the non-fungible token (NFT) draws inspiration from the gold medal, possessing MEDAL does not confer any rights to the actual medal, which remains with Jenner.
“I have been involved in this space for nearly a year now, and I’m always exploring new methods to enhance this area,” Jenner stated. “Here we have a tangible asset that is part of the Olympics and a piece of history.”
On her social media, Jenner mentioned that this initiative would utilize the ERC-721 NFT contract to highlight the token’s distinctiveness and subsequently enable the fractionalization of the 100,000,000 ERC-20 tokens.
This ERC-721 corresponds to the verifiable metadata of the RWA (Real World Asset), including a legally binding agreement signed by Caitlyn Jenner-custodian- (stored on IPFS) demonstrating ownership of the actual Olympic Gold Medal.
— Caitlyn Jenner (@Caitlyn_Jenner) August 5, 2024
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“There has never been an NFT of a gold medal digitally available for you to engage with,” Jenner remarked. “It’s a part of history.”
As the Bitcoin Conference 2024 concluded in Nashville, she also revealed that she would be speaking at the upcoming event in 2025.
Bitcoin Conference 2025 Moves to Las Vegas
On July 30, BTC Inc., the organizer of the conference, announced that the next event will take place in Las Vegas.
“Las Vegas has undergone an extraordinary transformation in recent years, establishing itself as a center for entrepreneurship, technological advancement, and economic development,” stated BTC Inc. CEO David Bailey.
“The choice to relocate this historic event to Las Vegas not only emphasizes our state’s growing role as a significant financial and technological center but also our enthusiasm for welcoming innovators to our state,” remarked Nevada Governor Joe Lombardo.
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